REGISTERED NUMBER: SC500216 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Catch The Light Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs T McDonald

I McDonald

REGISTERED OFFICE:

15 Hope Street

Townhouse 2

Lanark

Lanarkshire

ML11 7LZ

REGISTERED NUMBER:

SC500216 (Scotland)

ACCOUNTANTS:

ICW Accountancy Ltd

15 St Leonard Street

Lanark

Lanarkshire

ML11 7AB

FIXED ASSETS

Tangible assets

4

3,594

1,365

CURRENT ASSETS

Stocks

-

8,000

Debtors

5

19,977

21,671

Cash at bank

3,380

2,230

23,357

31,901

CREDITORS

Amounts falling due within one year

6

12,064

11,936

NET CURRENT ASSETS

11,293

19,965

TOTAL ASSETS LESS CURRENT LIABILITIES

14,887

21,330

CREDITORS

Amounts falling due after more than one year

7

(9,425

)

(11,540

)

PROVISIONS FOR LIABILITIES

(683

)

(146

)

NET ASSETS

4,779

9,644

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

4,678

9,543

SHAREHOLDERS' FUNDS

4,779

9,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

Mrs T McDonald - Director

1.	STATUTORY INFORMATION

Catch The Light Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over it's estimated useful life.

Fixtures & Fittings - 20% on a reducing balance

Computer Equipment - 33% on a straight line basis

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

7,607

Additions

3,623

Disposals

(583

)

At 31 March 2025

10,647

DEPRECIATION

At 1 April 2024

6,242

Charge for year

1,131

Eliminated on disposal

(320

)

At 31 March 2025

7,053

NET BOOK VALUE

At 31 March 2025

3,594

At 31 March 2024

1,365

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

19,511

21,625

Other debtors

466

46

19,977

21,671

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

1,847

1,847

Trade creditors

254

144

Taxation and social security

5,568

5,337

Other creditors

4,395

4,608

12,064

11,936

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

9,425

11,540

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs T McDonald

Balance outstanding at start of year

(381

)

(14

)

Amounts advanced

3,575

8,280

Amounts repaid

(3,386

)

(8,647

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(192

)

(381

)

I McDonald

Balance outstanding at start of year

-

(622

)

Amounts advanced

1,864

3,060

Amounts repaid

(2,155

)

(2,438

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(291

)

-

There is no interest accrued on the balances and no formal repayment plan.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs T McDonald.